Apple (AAPL) shins today. The tech giant is up 3% to new recent highs as they debut and sell their new iPhone 17 in New York City today. CEO, Tim Cook was there to open their doors to their customers at their 5th Avenue store. Morgan Stanley upgraded the stock with a $280 price target.
Disney (DIS) facing backlash for suspending Jimmy Kimmel. The entertainment company is modestly lower as some viewers and consumers suggest boycotting ABC and Disney for suspending late night talk host. However, viewership and advertising has declined over the last 10 years. Nielsen data cited in the outlet’s report showed “Jimmy Kimmel Live’s” share of the key demographic of 18 to 49-year-olds declined from 0.68 in 2013-14 to 0.16 in 2024-25. Advertising data company Guideline reported that late-night shows on major networks saw their ad revenue decline from $439 million in 2018 to $220 million last year.
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